REI Lense

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$2,862 (target)

316 NW Summercrest Blvd, Burleson, TX 76028

3 beds • 2 baths • 1185 sqft

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This property might be a fair Mid-Term investment with a projected 1.01% first-year return on $68,967 initial cash invested.

1.01%

Cash On Cash

7.24%

Cap Rate

1.13

DSCR

$2,862

Rent

$58

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,862 income − $2,804 expenses = $58 cash flow

Income$2,862Mortgage P&I$1,29245%Property Taxes$45316%Insurance$873%Management$34312%CapEx$1144%Vacancy$863%Maintenance$1144%Other$31511%Cash Flow$58

Investment Breakdown

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Purchase Price

$243k

Downpayment

20.0%

Interest Rate

7.0%

Mortgage Duration

30yr.

Cash To Invest

Total

$68,967

Downpayment

20%

$48,540

Closing costs

1%

$2,427

Rehab

0%

$0

Furnishing

7%

$18,000

Cashflow

Total Income

$2,862

Total Expenses

$2,804

Mortgage P&I

45%

$1,292

Property Taxes

16%

$453

Home Insurance

3%

$87

HOA

0%

$0

Property Management

12%

$343

CapEx

4%

$114

Vacancy

3%

$86

Maintenance

4%

$114

Other

11%

$315

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